[NLG] The even greater Gulden thread! - page 42.

MyGuldenReset

newbie

Activity: 17

Merit: 0

It wouldn't be a bad idea to use some of the dev funding from Gulden to pump the Florin price because most of the investors is the Gulden community. We all win. The reward change is 20 mining 30 witness and 70 developer is what the GAB asked for.

That would be highly unethical behavior and a lot of honest people will leave Gulden if it did take place, Novo has 60k reserved for funding and can take of itself, Go look at the richlist on https://www.dactual.com/novo/richlist.php

BarryDnH

newbie

Activity: 43

Merit: 0

Quote from: GuldenNLG on May 17, 2021, 04:18:50 AM

It is still being researched what is the best ratio to implement, but I believe it's the idea to implement the 'GAB' proposal as it is.

I read Novo was going to have 75% witness and 25% mining. Are the devs considering 10 for mining and 30 for witness to get the same ratio?

GuldenNLG

newbie

Activity: 27

Merit: 0

Quote from: RetinaB on May 16, 2021, 06:37:45 AM

Quote from: GuldenNLG on May 16, 2021, 02:48:45 AM

Quote from: Protwoco on May 13, 2021, 11:40:09 PM

The reward halving is going to help Gulden maintain a good price in the next bear market. Bitvavo will also help.

Both will (in theory) result in an increase of the price. First thing up is the reward reduction of around 25%. If the current demand remains the same, the price should in theory increase from the moment on this reward reduction takes place. The first reward halving is after that a couple years away from now, but definitely something to look forward to.

Also I believe the demand for Gulden will steadily grow over the upcoming months/years. So I think the first reward reduction of around 25% will have a bigger impact than the market currently is showing.

Is the reward reduction of 25% confirmed?

It is still being researched what is the best ratio to implement, but I believe it's the idea to implement the 'GAB' proposal as it is.

Albert4Gulden

newbie

Activity: 54

Merit: 0

Quote from: RetinaB on May 16, 2021, 06:37:45 AM

Quote from: GuldenNLG on May 16, 2021, 02:48:45 AM

Quote from: Protwoco on May 13, 2021, 11:40:09 PM

The reward halving is going to help Gulden maintain a good price in the next bear market. Bitvavo will also help.

Both will (in theory) result in an increase of the price. First thing up is the reward reduction of around 25%. If the current demand remains the same, the price should in theory increase from the moment on this reward reduction takes place. The first reward halving is after that a couple years away from now, but definitely something to look forward to.

Also I believe the demand for Gulden will steadily grow over the upcoming months/years. So I think the first reward reduction of around 25% will have a bigger impact than the market currently is showing.

Is the reward reduction of 25% confirmed?

I have not seen the reward reduction confirmed on slack. I think it will happen but its not important for the Rijk compared to Novo and witness sync projects.

Sinotek

newbie

Activity: 61

Merit: 0

Quote from: RetinaB on May 16, 2021, 06:37:45 AM

Quote from: GuldenNLG on May 16, 2021, 02:48:45 AM

Quote from: Protwoco on May 13, 2021, 11:40:09 PM

The reward halving is going to help Gulden maintain a good price in the next bear market. Bitvavo will also help.

Both will (in theory) result in an increase of the price. First thing up is the reward reduction of around 25%. If the current demand remains the same, the price should in theory increase from the moment on this reward reduction takes place. The first reward halving is after that a couple years away from now, but definitely something to look forward to.

Also I believe the demand for Gulden will steadily grow over the upcoming months/years. So I think the first reward reduction of around 25% will have a bigger impact than the market currently is showing.

Is the reward reduction of 25% confirmed?

wink wink.

RetinaB

newbie

Activity: 32

Merit: 0

Quote from: GuldenNLG on May 16, 2021, 02:48:45 AM

Quote from: Protwoco on May 13, 2021, 11:40:09 PM

The reward halving is going to help Gulden maintain a good price in the next bear market. Bitvavo will also help.

Both will (in theory) result in an increase of the price. First thing up is the reward reduction of around 25%. If the current demand remains the same, the price should in theory increase from the moment on this reward reduction takes place. The first reward halving is after that a couple years away from now, but definitely something to look forward to.

Also I believe the demand for Gulden will steadily grow over the upcoming months/years. So I think the first reward reduction of around 25% will have a bigger impact than the market currently is showing.

Is the reward reduction of 25% confirmed?

GuldenNLG

newbie

Activity: 27

Merit: 0

Quote from: Protwoco on May 13, 2021, 11:40:09 PM

The reward halving is going to help Gulden maintain a good price in the next bear market. Bitvavo will also help.

Both will (in theory) result in an increase of the price. First thing up is the reward reduction of around 25%. If the current demand remains the same, the price should in theory increase from the moment on this reward reduction takes place. The first reward halving is after that a couple years away from now, but definitely something to look forward to.

Also I believe the demand for Gulden will steadily grow over the upcoming months/years. So I think the first reward reduction of around 25% will have a bigger impact than the market currently is showing.

Another40devReward

newbie

Activity: 5

Merit: 0

Quote from: RiseandFall on May 15, 2021, 09:58:54 AM

Gulden can use a specialist in public relations when the funding can take care of it.

Lots of easy mistakes in communication can make this project look a lot better.

Krustytheclown can troll the situation with ease because the 40 reward increases were done swiftly and makes it look like the devs are delaying this announcement because of the dev reward decreasing.

The devs did work full time on me but I was worth it.

RiseandFall

newbie

Activity: 37

Merit: 0

Gulden can use a specialist in public relations when the funding can take care of it.

Lots of easy mistakes in communication can make this project look a lot better.

Krustytheclown can troll the situation with ease because the 40 reward increases were done swiftly and makes it look like the devs are delaying this announcement because of the dev reward decreasing.

KrustyTheClown

newbie

Activity: 120

Merit: 0

Quote from: Goodmoves on May 15, 2021, 01:12:56 AM

https://twitter.com/BitcoinNL

No confirmation on the reward changes but do a name change for Novo?
= me gone.

Increase dev reward to 90 and mining 5 and witness 5 and dev will be done before Monday.

MyGuldenReset

newbie

Activity: 17

Merit: 0

Quote from: Goodmoves on May 15, 2021, 01:12:56 AM

https://twitter.com/BitcoinNL

No confirmation on the reward changes but do a name change for Novo?
= me gone.

Thanks for the cheap coins.

Goodmoves

newbie

Activity: 18

Merit: 0

https://twitter.com/BitcoinNL

No confirmation on the reward changes but do a name change for Novo?
= me gone.

BartoszinNL

newbie

Activity: 25

Merit: 0

Quote from: BarryDnH on May 14, 2021, 02:14:35 AM

Quote from: Protwoco on May 13, 2021, 11:40:09 PM

The reward halving is going to help Gulden maintain a good price in the next bear market. Bitvavo will also help.

I have a friend who is willing to trade Gulden when it comes to bitvavo, he is trading with more then 100k Euro across a few coins. This is 1 person, bitvavo will open many doors for Gulden. He doesn't want to sign up to bittrex to trade as he wants to keep his trading on 1 platform.

The funding will work better after the reward change. No BTC or ETH donation options and we must rely on a higher Gulden price that will come with less rewards per block starting in August.

BarryDnH

newbie

Activity: 43

Merit: 0

Quote from: Protwoco on May 13, 2021, 11:40:09 PM

The reward halving is going to help Gulden maintain a good price in the next bear market. Bitvavo will also help.

I have a friend who is willing to trade Gulden when it comes to bitvavo, he is trading with more then 100k Euro across a few coins. This is 1 person, bitvavo will open many doors for Gulden. He doesn't want to sign up to bittrex to trade as he wants to keep his trading on 1 platform.

Protwoco

newbie

Activity: 23

Merit: 0

The reward halving is going to help Gulden maintain a good price in the next bear market. Bitvavo will also help.

Albert4Gulden

newbie

Activity: 54

Merit: 0

Quote from: Willem de Zwijger on May 12, 2021, 05:59:42 PM

Time for another kickstart project! Let's get a BIG truck fully wrapped with Gulden

https://truck.guldenkickstart.com

I will donate for this. Will the truck and the gulden van get a picture taken together?

Weas89Trf

jr. member

Activity: 37

Merit: 1

Quote from: RijkRunsTheBoard on May 12, 2021, 10:38:54 PM

Quote from: TheCanadianBach on May 12, 2021, 01:01:04 PM

Quote from: Goodmoves on May 12, 2021, 09:51:48 AM

It's sadge that we have no clarity on the above. It's poor form to keep people in limbo status on what is seemingly a easy decision to make.

Gulden operates uniquely to other coins. Its a hybrid setup with centralised funding for development but Rijk doesn't take responsibility for the coins success or failure outside of development. This is left to the supporters of Gulden to make a success. This is what I read from Rijks previous posts which is good that he is transparent about it.

niet stemmers is a political party in the Netherlands, has a similar concept of centralized funding through taxation for no work or responsibility. The Dutch voters didn't like the idea but they were transparent about it. Sounds familiar?

Niet stemmers had a good idea because politics was in a poor state 4 years ago. Knowing a thing or two about politics in the Netherlands, any political party that stands for elections needs to pay over 11000 euros to participate. The salary for parliamentarians is about 7500 euros and if you don't attend you won't get paid. Its that simple.

I also don't believe Mr Plasman needs the 7500 euros a month to survive when you are well established criminal defense lawyer.

RijkRunsTheBoard

newbie

Activity: 21

Merit: 0

Quote from: TheCanadianBach on May 12, 2021, 01:01:04 PM

Quote from: Goodmoves on May 12, 2021, 09:51:48 AM

It's sadge that we have no clarity on the above. It's poor form to keep people in limbo status on what is seemingly a easy decision to make.

Gulden operates uniquely to other coins. Its a hybrid setup with centralised funding for development but Rijk doesn't take responsibility for the coins success or failure outside of development. This is left to the supporters of Gulden to make a success. This is what I read from Rijks previous posts which is good that he is transparent about it.

niet stemmers is a political party in the Netherlands, has a similar concept of centralized funding through taxation for no work or responsibility. The Dutch voters didn't like the idea but they were transparent about it. Sounds familiar?

Willem de Zwijger

newbie

Activity: 3

Merit: 0

Time for another kickstart project! Let's get a BIG truck fully wrapped with Gulden

https://truck.guldenkickstart.com

TheCanadianBach

jr. member

Activity: 54

Merit: 2

Quote from: Goodmoves on May 12, 2021, 09:51:48 AM

It's sadge that we have no clarity on the above. It's poor form to keep people in limbo status on what is seemingly a easy decision to make.

Gulden operates uniquely to other coins. Its a hybrid setup with centralised funding for development but Rijk doesn't take responsibility for the coins success or failure outside of development. This is left to the supporters of Gulden to make a success. This is what I read from Rijks previous posts which is good that he is transparent about it.

Its a hard concept to grasp because it looks lazy AF but its less stressful for the developers who can focus on development.

The syscoin devs in 2019 did centralized funding for 2 years because they took responsibility / ownership for the coins success in all areas. They admitted before 2019 that it was stressful to make it and that additional funding was needed through bloclchain rewards called governance. They were lucky but the hard work paid off , but many coins have failed that relied on the developers to do everything.

Then you get the 3rd type which is btc, dogecoin , decentralized funding and volunteer developers who do get paid through various funding. A lot of contributions is done for free but these cases are edge cases because of bitcoin being first and the attention dogecoin achieves for free. Hello Elon Musk.

Topic: [NLG] The even greater Gulden thread! - page 42. (Read 47258 times)